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POETRY

By: Deji Kuye on 00:31/comment : 0

The Revenue Mobilisation
Allocation and fiscal Commission (RMAFC) provided that N4.9trn hasn’t been
remitted by the NNPC. Certainly, there will be explanation which may never be
heard. Let us not forget that the former governor of the CBN revealed then that
there the NNPC owed the Federation Account. But we never can tell how that was
eventually resolved. The Auditor-General of the Federation, Mr Samuel Ukura,
earlier on the 14th of March said NNPC owes the Federation Account
N3.235trn. NNPC on Wednesday, 16th of March, responded that the AuGF’s
declaration to the National Assembly was erroneous and that the outstanding
remittance was N326 billion. The response only caused an increase to the
earlier N3.2 billion.